Ipswich, MA MassDevelopment has issued a $32.5 million tax-exempt bond on behalf of Agawam Village LLC, an affiliate of Ipswich Housing Authority (IHA), which will use proceeds to buy and renovate the Agawam Village affordable multifamily rental housing complex. Built in the 1970s, Agawam Village is comprised of 80 one-bedroom units, four two-bedroom units, eight three-bedroom units, and two four-bedroom units across seven buildings.
Waltham, MA According to Dakota Partners, a leading real estate development firm specializing in the creation of affordable housing, it has ranked as number 34 on Affordable Housing Finance (AHF) Magazine’s “Top 50 Affordable Housing Developers” list for 2022.
As emission reduction mandates gain traction in Massachusetts, commercial building owners face growing pressure to adopt sustainable practices. With the implementation of stretch energy codes and net zero opt-in energy codes in communities throughout the state, decarbonization is becoming mandatory in many places. While a path to compliance may seem daunting and expensive, it also presents an opportunity for proactive businesses to gain a competitive advantage and save money.
Braintree, MA John M. Corcoran & Company (JMC) has named Robert Ruzzo as executive vice president - property management for the company. In this role he is the primary business leader for the company’s property management operations, charged with achieving property, portfolio and company profit objectives and leading the growth of the property management division.
Boston, MA Massachusetts Housing Investment Corporation (MHIC), an innovative private, non-profit financier in affordable housing and community development in New England, has appointed Sean Beirne as Deputy Director of Capital Management. For the past decade, Beirne has worked in banking and finance with a focus on investment and fund analysis and management.
CoreNet is an incredible community whose members collaborate, share insights, and look to elevate the real estate industry as a whole. One of the biggest benefits of being part of this network is the ability to learn from what other organizations are doing to take advantage of similar opportunities within the industry.
Boston, MA On June 16
th, 110 BOMA Boston members and their guests set out from Liberty Wharf to enjoy a few hours of fishing, led by 21 experienced captains. Afterwards, attendees enjoyed an awards luncheon at Tony C’s in the Seaport to see who caught the largest and most fish! Thank you to our tournament sponsor, Stanley Elevator!
William Woodward is the 2023 IREM Boston president and is a regional property manager with Greystar, Boston, Mass.
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The Community Associations Institute (CAI), the international leader for community association education, governance, and management, partnered with the Community Home Lenders of America (CHLA) and the National Association of Realtors (NAR) to voice concerns about the Fannie Mae and Freddie Mac condo lending guidelines in a June 21
st letter to the Federal Housing Finance Agency
The use of on-site portable storage containers is rapidly on the rise, as a resilient and strategic space solution. In 2019, IBIS World projected the storage container industry would grow 0.7% annually, with $8.9 billion on the books by year end. Fast forward three years, and industry trends reveal market growth of 3.9% in 2022, with $11.8 billion in annual revenue.
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